Citizens Financial Group has recruited Donald H. McCree to be its vice chairman and head of commercial banking, the company announced Wednesday.

McCree will join the company Sept. 1, coming off of a short retirement following more than three decades with JPMorgan Chase & Co. and its predecessors. He will report to Citizens chairman and CEO Bruce Van Saun.

The position at Providence, R.I.-based Citizens became vacant following the death of Robert Matthews in December. Citizens’ head of corporate finance and capital markets Bob Rubino and head of corporate banking Steve Woods have been performing the duties in the interim.

“I am delighted to have someone of Don’s stature and caliber join the Citizens management team to lead Citizens Commercial Banking through its next growth phase,” Van Saun said in a press release announcing the hire. The $133 billion-asset Citizens also recently hired Citigroup veteran Eric Aboaf as its next chief financial officer.

Prior to his retirement, McCree most recently served as JPMorgan’s head of corporate banking and CEO of global treasury services. Other positions he held at the $2.1-trillion asset bank include head of global credit markets, North American co-head of fixed income, head of wholesale risk management and head of treasury and corporate development.


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